What percentage of your gross income goes to student loan payments?

likehelpful
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It was 37%. And I have been suffering for 17 years. But I paid off my loans earlier this month. 🎉
Life is about to get a lot better.

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😮 17 years! Happy that the stress is over for you!

10%

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About 7%

I’m about 5%, but will be paying it off for the better part of my life. Trying to look into paying off some of my higher interest loans and then consolidating the rest. Just a headache everytime I start to get into it though and haven’t actually done much besides minimum payments.

Around 7%.

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Additional Posts in Student Loans

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

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Does having student loans impact your ability to get a mortgage?

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SOFI or who else?

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If you could go back in time what would you tell yourself before taking out student loans?

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Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

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I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

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